Global and Japan P&C Insurance Software Market Size, Status and Forecast 2021-2027

Property and Casualty Insurance (P&C Insurance) software is used by insurance agents and brokers to promote, sell, and administer insurance policies, including features such as claims management, marketing automation, and underwriting management.
P&C Insurance Software is mainly classified into the following types: Cloud-Based and On-Premise. On-Premise is the most widely used type which takes up about 55.69% of the global market in 2019.
P&C Insurance Software can be used in Claims, Underwriting, Operations and Others. And Operations is the most widely used area which takes up about 65.68% of the global total in 2019.
Willis Tower Watson, Guidewire Software, Quadient, Duck Creek Technologies, Pegasystems, etc. are the key suppliers in the P&C Insurance Software market. Top 5 took up about 7% of the global market in 2019.

Market Analysis and Insights: Global P&C Insurance Software Market
The global P&C Insurance Software market size is projected to reach US$ 17300 million by 2027, from US$ 10470 million in 2020, at a CAGR of 7.4% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global P&C Insurance Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global P&C Insurance Software market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global P&C Insurance Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global P&C Insurance Software market.

Global P&C Insurance Software Scope and Market Size
P&C Insurance Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global P&C Insurance Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Cloud-Based
On-Premise

Segment by Application
Claims
Underwriting
Operations
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Willis Tower Watson
Insurance Systems
PCMS
ClarionDoor
Quick Silver Systems
Pegasystems
Duck Creek Technologies
Agency Software
Sapiens
InsuredMine
Quadient
Guidewire Software
Zywave